Is Winter Springs, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winter Springs is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Winter Springs has remained a Seller's Market.

Key Takeaway

Winter Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winter Springs, FL

How much do homes in Winter Springs, FL cost?

Median Sold Price

$425,666

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,516(+3.8%)

Key Takeaway

Homes in Winter Springs have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Winter Springs was $425,666 in November 2024, up 3.8% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150.2K$155K
+3.2%
2 $260K$259.4K
-0.2%
3 $375K$395K
+5.3%
4 $525K$575K
+9.5%
5+ $709.9K$770K
+8.5%

Summary: Winter Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Cities

Casselberry
+6.0%
Longwood
+5.7%
Casselberry-Altamonte Springs
+5.5%
Winter Springs
+3.8%
Oviedo
+1.0%

Housing Supply in Winter Springs, FL

How many homes are available in Winter Springs, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
224204-8.9%

Summary: The Winter Springs real estate market had 204 homes for sale in November 2024, a 8.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2417
-29.2%
3 108108
0.0%
4 7464
-13.5%
5+ 1815
-16.7%

Summary: The Winter Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 29.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5238-26.9%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winter Springs, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Winter Springs in November 2024, down by 26.9% month-over-month. Of the 38 sold homes, 55% were sold under asking, 26% were sold at asking, and 18% were sold over asking.

Days on Market for Winter Springs, FL

How long does it take to sell a home in Winter Springs, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days38 Days+55.5%

Summary: Homes in Winter Springs had an average of 38 days on market in Nov 2024, up by 55.5% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winter Springs are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 38 homes were sold in Winter Springs; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Winter Springs, FL

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